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Game Theory pp 533-644 | Cite as

Bargaining

  • Joachim Rosenmüller
Part of the Theory and Decision Library book series (TDLC, volume 25)

Abstract

Bargaining Theory in its present state can be seen as a collection of cooperative and noncooperative models. There is the axiomatic foundation which goes back to Nash [NASH50b]. In this context a bargaining problem is a static setup describing the feasible utility vectors a group of players may agree upon and the status quo point resulting from a failure of agreement.

Keywords

Nash Equilibrium Repeated Game Subgame Perfect Equilibrium Bargaining Solution Joint Plan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Dordrecht 2000

Authors and Affiliations

  • Joachim Rosenmüller
    • 1
  1. 1.University of BielefeldGermany

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